TripItUp
Footballguy
Nothing wrong with that.I completely understand that. However, I just don't have the knowledge to wheel and deal buying and selling stocks as quickly as I'd need to in this crazy market.
Nothing wrong with that.I completely understand that. However, I just don't have the knowledge to wheel and deal buying and selling stocks as quickly as I'd need to in this crazy market.
Thx, I'm like the tortoise, hopefully, slow and steady wins the retirement...I mean race.Nothing wrong with that.
See, when I read this, I'm like huh?! LolProfit taking on MRO today to get the Roth and HSA funded for the year.
That's where I was a couple years ago. Don't worry.See, when I read this, I'm like huh?! Lol
List the stocks you bought on my master list. Nothing has changed to be frank. All of them are long term. Until I see a reason to sell due to change in business, competition, no growth, unreliable dividends etc. We buy and hold. Typically we do shave a little to make sure we are not over exposed. But that is a whole other discussion. When we hit price targets, we re-evaluate and see if it is time to exit.My goals are to grow my money. I am a rookie investor who does not have the ability or knowledge to day trade and so I'm looking for long term plays that I can invest in and watch it grow be it both good stocks and our stocks that pay nice dividends.
He is selling a stock and those proceeds will be is Roth contribution and HSA contribution for 2021. Shifting sand in the sandbox. Retitling his assets. Moving from one bucket (taxable account) to qualified accounts (HSA) and non qualified IRA which is a Roth.See, when I read this, I'm like huh?! Lol
Been busy lately with the death of my dad, handling his assets, etc. But this reminded me I needed to put the PPL proceeds into EXC. Looks like I came out a little ahead for once by snoozing on it. I'm in at $41.10. Sold out of PPL at $29.25 in November.List the stocks you bought on my master list. Nothing has changed to be frank. All of them are long term. Until I see a reason to sell due to change in business, competition, no growth, unreliable dividends etc. We buy and hold. Typically we do shave a little to make sure we are not over exposed. But that is a whole other discussion. When we hit price targets, we re-evaluate and see if it is time to exit.
A perfect example was PPL. Loved it. However I know that dividend is most likely getting cut due to the divesture of their UK business. The price was not nearly as attractive anymore and we made some 30% upside on a utility. I sold and shifted to EXC. So there are many factors that come into a sell decision.
Anyone who tells you buy and hold does not work......stop listening to them. Quickly. When you own the right companies your batting average on buy and hold will outperform the index’s over the long term (10 years or more). It is proven. And even if you don’t out perform said index......if the average annual return will get you to your goals with less risk than the index......WIN WIN.
Wish I bought more when it got in the low .40s, but currently I am in at average of .56. In the last two hours it has jumped from .60 to .83, and up 100% on the day.DMGGF has retreated down from the .60s, what are your thoughts on grabbing it now that is below .50? Thanks
Deepest condolences to you Shula.Been busy lately with the death of my dad, handling his assets, etc. But this reminded me I needed to put the PPL proceeds into EXC. Looks like I came out a little ahead for once by snoozing on it. I'm in at $41.10. Sold out of PPL at $29.25 in November.
Definitely!I think there are quite a few positive catalysts coming up, I'd be surprised if it never pops on some sort of upcoming news. That is, I'd bet mucho on a pop after they announce the phase 3 trial is fully enrolled - then just need to decide if you want to hold through data becoming available (a la CYDY).
Sorry for your loss buddy, hang in there.Been busy lately with the death of my dad, handling his assets, etc. But this reminded me I needed to put the PPL proceeds into EXC. Looks like I came out a little ahead for once by snoozing on it. I'm in at $41.10. Sold out of PPL at $29.25 in November.
Thx again for the words of wisdom! They are always greatly appreciated.List the stocks you bought on my master list. Nothing has changed to be frank. All of them are long term. Until I see a reason to sell due to change in business, competition, no growth, unreliable dividends etc. We buy and hold. Typically we do shave a little to make sure we are not over exposed. But that is a whole other discussion. When we hit price targets, we re-evaluate and see if it is time to exit.
A perfect example was PPL. Loved it. However I know that dividend is most likely getting cut due to the divesture of their UK business. The price was not nearly as attractive anymore and we made some 30% upside on a utility. I sold and shifted to EXC. So there are many factors that come into a sell decision.
Anyone who tells you buy and hold does not work......stop listening to them. Quickly. When you own the right companies your batting average on buy and hold will outperform the index’s over the long term (10 years or more). It is proven. And even if you don’t out perform said index......if the average annual return will get you to your goals with less risk than the index......WIN WIN.
I don't know you Bro, but so sorry for your loss. My thoughts go out to you.Been busy lately with the death of my dad, handling his assets, etc. But this reminded me I needed to put the PPL proceeds into EXC. Looks like I came out a little ahead for once by snoozing on it. I'm in at $41.10. Sold out of PPL at $29.25 in November.
Here you go.Thx again for the words of wisdom! They are always greatly appreciated.
Here are the stocks I'm invested in -
Apple - AAPL - Hold
ADX - Hold
Appian - APPN - Need to research
Boeing - BA - Hold
Bloomin - BLMN - Sell
Berkshire B - BRKB - Sell
Carnival - CCL - Hold
Charlotte's Web - CWBHF - Need to research
CYDY - Sell
Discover - DFS - Sell
Disney - DIS - Hold
Draft Kings - DKNG - Hold
Facebook - FB - Sell
Fastly - FSLY - Need to research
GCV - Hold
GLPI - Hold
Marriott - MAR - Need to research
MFA - Need to research
MGM - Hold
OKTA - Need to research
PEO - Hold
Pfizer - PFE - Hold
Shopify - SHOP - Hold
Starwood - STWD - Hold
Synchrony Financial - SYF - Need to research
Zoom - ZM - Sell
Zynga - ZNGA - Need to research
They were all recommendations from either you or Motley Fool and my portfolio has gone up over 115% since I opened the account in mid March. My only "red" investment is Charlotte's Web Holdings - CWBHF, not one from your list.
Thoughts?
Here you go.
A couple of comments for you to consider.Here are the stocks I'm invested in -
Berkshire B - BRKB - Sell - Like yesterday
CYDY - Sell - Chet will be sad. Actually this is a hold for another week or two as anticipation for the reveal builds.
Fastly - FSLY - Need to research - I think this is one of the Motley Fool recs
MFA - Need to research - Real estate lending, residential. Only has recovered about to 40% of it's crash value. Pretty much tracked between $7 and $8 the five years prior. Paying around an 8% dividend and just raise the Jan dividend to 7.5 cents from 5 cents. I'm up 50%on the shares I bought in July, did the Blooming thing prior. If you believe the real estate market will come though relatively unscathed, I think this is a safe holding.
Pfizer - PFE - Hold - What's your target here?
Synchrony Financial - SYF - Need to research - Mirror of DFS
Here you go.
Yup. Apple, Appian, Fastly, Disney, Facebook, OKTA, Shopify, Zoom and Zynga were all recs from Motley.A couple of comments for you to consider.
stonks go upI just spent 30 mins reading about debt to equity ratios.
Am I helping myself or wasting time?
It's grossly lagged the market. Take a look at the three year chart. https://www.barchart.com/stocks/quotes/$SPX/interactive-chartSwaymoney said:Yup. Apple, Appian, Fastly, Disney, Facebook, OKTA, Shopify, Zoom and Zynga were all recs from Motley.
Why sell in BRKB?
I see what you're saying. So there are just better places to gamble with my money.It's grossly lagged the market. Take a look at the three year chart. https://www.barchart.com/stocks/quotes/$SPX/interactive-chart
brk.b - 6.67%
s&p - 32.61%
QQQ - 87.48%
I wasn't impressed when they sold their airline holdings near the bottom. Delta ran from the low 20s to near 40. Not much tech in here outside of Apple. https://hedgefollow.com/funds/Berkshire+Hathaway Also with Apple making up that amount of the portfolio, why not just own Apple?
I still don’t get why on this front. It actually was the Republicans like Cruz who were all up in their faces about break ups and Trump hates Bezos. A lot of the techs higher ups lean democratic.FAANG gonna get smoked tomorrow
I’m not worried about it personally, it’ll be fine. I’m super thrilled.I still don’t get why on this front. It actually was the Republicans like Cruz who were all up in their faces about break ups and Trump hates Bezos. A lot of the techs higher ups lean democratic.
The economy and stocks are going to have a tough time regardless if GA goes red. If you want to pinpoint the end of the bull market, it might be tonight.
Why? I know you mean the GA senate races, but why is that bad for FAANG?FAANG gonna get smoked tomorrow
I the perception was a controlled government would slap regulations on them. I doubt that ends up being the case however, government has other stuff to focus on.Why? I know you mean the GA senate races, but why is that bad for FAANG?
I’m not. I don’t like either party feeling like they have a mandate. I think we, the middle class - whatever that means - the folks who aren’t rich enough to not worry or struggling to get by, are going to get it up the wazoo.I’m not worried about it personally, it’ll be fine. I’m super thrilled.
I think it may be just starting, the ability to buy at a discount. I really was hoping for gridlock to get stuff passed that makes sense and to not allow one party to go crazy.Good day(s) to buy stocks you believe in for the long term as people stupidly overreact.
The latter isn’t going to happen. Still need 60 votes and the Dems sent a bunch of moderates, anyway.I think it may be just starting, the ability to buy at a discount. I really was hoping for gridlock to get stuff passed that makes sense and to not allow one party to go crazy.
Also, to the latter, if Mitch keeps the gavel you definitely don’t get any of the latter because he really only cares about judges. Legislation just collects dust.I think it may be just starting, the ability to buy at a discount. I really was hoping for gridlock to get stuff passed that makes sense and to not allow one party to go crazy.
Well, I won’t respond in full bc this isn’t the right thread for this, but I definitely disagree. Anyhow, stonks will go up as always.I’m not. I don’t like either party feeling like they have a mandate. I think we, the middle class - whatever that means - the folks who aren’t rich enough to not worry or struggling to get by, are going to get it up the wazoo.
The last stimulus package took too long and was too small. That was a glimpse into the future of another Mitch term as leader. Gridlock is fine in normal times, but @#&! needs to get done yesterday. Mitch is great at gumming up the wheels and creating pain for political gain. Not sure that would of been great for the markets or America. There wasn’t any incentive for Mitch to create market friendly policy with a Biden presidency. We can only hope Biden lazer focuses on rolling out the vaccine and ending the pandemic and helping out the millions who suffered economic ruin get back on their feet. If so, the market should be fine. I’m a buyer.Also, to the latter, if Mitch keeps the gavel you definitely don’t get any of the latter because he really only cares about judges. Legislation just collects dust.
Knowledge is always helpful and never a waste of time. But sometimes it will drive you nuts when trying to make sense of the cult stocks.I just spent 30 mins reading about debt to equity ratios.
Am I helping myself or wasting time?
Gonna try to get in today.BLDP and MDU were built for this administration.
Buckle up.
Completely agreed.Well, I won’t respond in full bc this isn’t the right thread for this, but I definitely disagree. Anyhow, stonks will go up as always.
Agreed and that wasn’t my point. Never a Trump fan either but I’ve reviewed the tax plan and am not a fan especially once it gets “revised” a bit more to pay for stuff. Let’s just say I don’t trust that limits will stay where they are and capital gains become more of a only rich people pay them so lower the limits = way more of us in here pay income tax rates.Well, I won’t respond in full bc this isn’t the right thread for this, but I definitely disagree. Anyhow, stonks will go up as always.
Some dudes are so smart!Agreed and that wasn’t my point. Never a Trump fan either but I’ve reviewed the tax plan and am not a fan especially once it gets “revised” a bit more to pay for stuff. Let’s just say I don’t trust that limits will stay where they are and capital gains become more of a only rich people pay them so lower the limits = way more of us in here pay income tax rates.
I was thinking the same thing. What are the favorite pot tickers to watch?Clean energy and pot stocks are liking a democratic controlled senate. Big tech seems to be mixed. Anyone seeing anything that is a big overreaction this morning?
I just own MJ and YOLOI was thinking the same thing. What are the favorite pot tickers to watch?
AYRWF is one I tailed somebody in here on, up big this amI was thinking the same thing. What are the favorite pot tickers to watch?
I sold TLRY for a small gain after the election, should have held a bit longer.I just own MJ and YOLO
SEDG is my best stock today and luckily I have a decent amount since I bought it under $100 back in January. Nice quadruple, but not making up for AMZN and the rest.Clean energy and pot stocks are liking a democratic controlled senate. Big tech seems to be mixed. Anyone seeing anything that is a big overreaction this morning?
I think a lot of us having been expecting reality to set in with tesla for some time now. I just don't get it...SEDG is my best stock today and luckily I have a decent amount since I bought it under $100 back in January. Nice quadruple, but not making up for AMZN and the rest.
This market is pretty frustrating at times because the movements are so big. I think I’m just hanging tight unless I see something looking cheaper but there really aren’t many bargains.
Tesla just can’t be stopped. Should have bought it back in March. Too tentative, didn’t want to buy everything. $325 or 350 pre split was what I recall, SMH. I still think it’s ridiculous but it’s a cult stock. Wouldn’t shock me if reality sets in at some point this year.